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1355 Drexel Avenue

Miami Beach, FL 33139
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Turnkey 18-unit short-term rental opportunity in the heart of Miami Beach—just steps from Ocean Drive, Collins Avenue, and Lincoln Road. This prime location offers unrivaled access to the area’s top dining, entertainment, and beachfront attractions. With legal short-term rental zoning and a proven operational track record, the property stands out as a secure, scalable investment in a market where compliant STR assets are increasingly rare.Each unit features a full kitchen, in-unit or onsite laundry, Wi-Fi/cable, and modern interior finishes designed to meet the expectations of today’s short-term traveler. The building has been consistently maintained and optimized for both remote and on-site management, supporting steady year-round occupancy and above-market ADRs. With strict regulations l imiting new STR supply and tourism demand in Miami Beach continuing to grow, 1355 Drexel Ave presents investors with a resilient, high-yield cash-flow asset backed by strong underlying real estate fundamentals.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,000,000

AD Id : 70780931

MLS Id : A11929268

Living Area Size : 816

Year Built : 2009

County : Miami-Dade

Subdivision: Sobe Village Condo

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Feature Features

  • Interior Features

    Roof: Flat, Tile
  • Heating & Cooling

    Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2009
    Building Area Total: 816
    Construction Materials: Block
    Private Pool: No

  • Listing Price Information

    Listing Price: $7000000
    Original Price: $7250000
    Cash, Conventional, Other

  • Tax Information

    Parcel Number: 0232341830120 Tax Year: 2025 Annual Tax: $111703 Tax Legal Desc: SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198

  • Parking Information

    Parking Total: 2

  • School Information

    Elementary School: Miami Beach Fienberg / Fisher K-8 Junior High School: Senior High School: Miami Beach
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1345 Pennsylvania Ave, Miami Beach, FL, 33139 $4,700,000 1 2 8,219 8,219 SqFt
235 18th St, Miami Beach, FL, 33139 $3,950,000 -- -- 4,779 4,779 SqFt
901 Pennsylvania Avenue, Miami Beach, FL, 33139 $3,450,000 -- -- --
912 Euclid Avenue, Miami Beach, FL, 33139 $2,200,000 6 4 2,558 2,558 SqFt
632 15th Street, Miami Beach, FL, 33139 $2,650,000 8 8 5,939 5,939 SqFt
1438 Meridian Ave, Miami Beach, FL, 33139 $2,400,000 6 6 4,644 4,644 SqFt
1508 Meridian Avenue, Miami Beach, FL, 33139 $1,200,000 4 4 1,776 1,776 SqFt
1561 Jefferson Avenue, Miami Beach, FL, 33139 $4,250,000 5 4 10,334 10,334 SqFt
1000 7th Street, Miami Beach, FL, 33139 $4,450,000 3 2 7,868 7,868 SqFt
734 Michigan Avenue, Miami Beach, FL, 33139 $2,940,000 4 5 2,809 2,809 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/12/2026 @ 07:54

MLS: A11929268 LISTED BY: Arthur Porosoff, Compass Florida, LLC 305-851-2820 SOURCE: Beaches MLS

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